Added to YB: 2025-07-23
Pitch date: 2025-07-21
BTI [neutral]
British American Tobacco p.l.c.
+13.41%
current return
Author Info
Coughlin Capital is a long-term investor dedicated to uncovering quality, undervalued companies. Sharing my journey as a do-it-yourself investor with in-depth research, actionable insights, and lessons learned along the way. Sign up for the newsletter.
Company Info
British American Tobacco p.l.c. provides tobacco and nicotine products to consumers in the Americas, Europe, the Asia-Pacific, the Middle East, Africa, and the United States.
Market Cap
GBP 92.2B
Pitch Price
GBP 37.89
Price Target
N/A
Dividend
5.67%
EV/EBITDA
8.73
P/E
30.78
EV/Sales
4.80
Sector
Tobacco
Category
growth
[Update] British American Tobacco (BTI)
BTI (update): Up 50% as key risks lifted - menthol ban withdrawn, Canadian litigation resolved. Velo nicotine pouches surging from 5% to 12% US share, targeting 20-25% by 2026. New Category segment now profitable (£249M). Still cheap at 11x earnings, 6% yield vs PM's 22x. Capital discipline with £1.1B buyback. Multiple expansion potential as Velo challenges ZYN.
Read full article (6 min)